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MACYOUNG.BIZ - Lawnmower/Garden Equipment Supplier in Garden Route
R 2,400,000
Reason for Reporting
Property Description: Lawnmower/Garden Equipment Supplier in Garden Route
About this Business: The company specializes in the supply and servicing of products and equipment relating to Lawnmowing services and Garden equipment including but not limited to Weed-eaters, Edge Trimmers, Brush Cutters, Leaf Blowers and Generators. This is a non-franchise opportunity thus not limited to a set brand or range of product on the floor.
History: Since establishment in 2001 this business has only grown from strength to strength. Year on year this business has operated successfully and profitably.
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Staff: 4 skilled and loyal staff members, 2 technical and 2 sales orientated. The current owner is involved with day to day management although someone can easily be trained to fulfil this position.
Scalability: This business is still extremely scalable and has an extremely large potential to expand. This area is evergreen and this company has shown stability since inception.
Figures: Annual revenue around R4million, delivering earnings around R700,000(EBIT)
Tender/Contract: Registered with local municipalities and CSD.
Assets and Inventory: All assets are included coupled with Inventory. Inventory valued at R1,1mil ex VAT at cost. This is a LOCK-STOCK AND BARREL opportunity.
Reason for Selling: Immigration plans.
Selling Price: R2,4m ex VAT.
ROI: 29%!
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